Confidence interval

by | Oct 20, 2021 | Homework Help

Annual starting for college graduate with degrees in business administration are generally expected to be between $30,000 and 45,000. Assume that a 95% confidence interval estimate of the population mean annual starting salary is desired. what is the planning value for the population standard deviation ( to the nearest whole number)?——-How large a sample should be taken if the desired margin of error is as shown below(to the nearest whole Number)a,$500——b,$200—–c,$100—–D,would you recommend trying to obtain the $ 100 margin of error?——Annual starting for college graduate with degrees in business administration are generallyexpected to be between $30,000 and 45,000. Assume that a 95% confidence interval estimate ofthe…

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